China will correctly exploit science, technology and mechanization to advance its own agricultural production, but it will err if it worries about the Lester Browns of the world. Overreaction in Beijing Chinese Ministry of Agriculture official Bi Meijia is quoted by the Xinhua news service as saying, "As global grain prices headed down, it's in China's interests to import an appropriate amount of grain at lower prices and follow the trend of international agriculture products." How refreshing. Imagine an agricultural policy official in the U.S., Europe or Japan making such a statement. Indeed, a nation's imports tend to rise with economic growth, not restrain it.In China's case, it is importing raw agricultural commodities and adding valu...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.